steps to starting an online businessA great way to earn some extra income or generate a full time income over time to enable you to quit your job is to start your own online business.   The internet enables you to run a business from your own home so here we take a look at the steps to starting an online business of your own.

Planning and Research:

The first step to starting an online business is planning what you are actually going to do.  This will involve researching the options that are available to you.  You need to decide whether you want to earn from selling products online, either digital or physical or both.  Would you rather generate income from drop-shipping, affiliate marketing or perhaps selling advertising space?  Perhaps you have a flair for writing or website design skills and would rather offer your services. 

You then need to take a look at website options, but I would not recommend free blogs as they can be easily deleted.  Rather purchase a domain name and hosting for your website, that way you have full control over it.  Compare hosting prices, some hosting companies charge you monthly others annually. If you are thinking of starting a niche site, it is recommended that you do your keyword research before you purchase your domain name. 

Launching Your Website Online:

Now that you have a clear plan to follow, your next step is to create a website for your business.  You don’t have to know all about website design as many of the good hosting companies such as BlueHost make it extremely easy to install a WordPress blog with the click of your mouse.  You’ll also find their support team is ready to help you too.  Using a WordPress blog for your business website also makes it very easy to maintain and add content to, as you do not need to have html knowledge.

Marketing Your Online Business:

Now that you have launched your website, it is time to tell the world about it.  Learning how to market your business on the internet takes time and you will need to learn some skills.   Make use of the social media websites to give exposure to your business.  Creating unique content in the form of articles and videos is one of the best ways to attract potential customers.  You may also want to make use of traditional advertising methods such as newspaper classifieds, business cards, flyers and direct sales. 

Generating Targeted Traffic:

Generating targeted traffic to a website is something you will spend the bulk of your time on, because without traffic there will be no sales.  This is the most important part of your marketing campaign and ways to effectively drive targeted visitors to your site include using email marketing, social media tactics, as well as the consistent creation of valuable unique content.

Following these steps to starting an online business will result in visitors starting to flow to your website on a steady, ever-increasing basis and your sales will no doubt increase.

For more ideas on how to get started online with your own business click here.

Related Posts:

Tagged with:

Filed under: start an online business

Like this post? Subscribe to my RSS feed and get loads more!